Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Energy Eco Rider topic
No spam. Unsubscribe anytime.
Public Service Commission approves Mississippi Power ECO rider increase; staff says filing complies with tariff
Summary
The Mississippi Public Service Commission on April 18 approved Mississippi Power Company’s annual environmental cost-recovery (ECO) rider filing, which staff found compliant with the commission’s ECO tariff.
The Mississippi Public Service Commission on April 18 approved Mississippi Power Company’s annual ECO (environmental cost recovery) rider filing, a staff presentation said, adopting staff’s recommendation that the filing complies with the commission’s approved ECO tariff.
Miss Myrick, the staff presenter, told commissioners that Mississippi Power filed the ECO rider on Feb. 14. The company requested a revenue requirement increase of $66,300,000, which staff said includes a $1,700,000 true-up reflecting higher 2024 actuals than previously projected and roughly $5,800,000 in increased projected 2025 spending driven by operations and maintenance for Plant Daniel (including scrubber O&M, ash-handling costs, cooling-tower repairs and a zero-liquid-discharge system upgrade). Staff said the overall requested ECO revenue requirement would result in an increase of approximately $0.24 on a 1,000-kilowatt-hour residential monthly bill.
Staff reviewed the filing and associated workpapers and recommended approval, the presenter said. Commissioners had no substantive questions on the record and voted to approve the item by voice vote; the motion carried.
Why it matters: The ECO rider is the mechanism by which Mississippi Power recovers costs associated with environmental compliance under federal and state environmental laws. Changes to the rider affect how those compliance costs are allocated and can alter customer bills modestly when approved.
Details and procedure: Staff told the commission the increase request reflects both a surcharge true-up for 2024 actuals and a rise in projected 2025 expenditures tied to specific plant upgrades and ongoing O&M. The filing included projected and actual ECO expenditures for 2024 and projections for 2025. Commission staff stated that representatives from Mississippi Power were present and able to answer questions, though no contested issues were raised during this vote.
The commission’s action was recorded on the docket and approved by unanimous voice vote. No further procedural conditions were stated on the record.
